Household debt and financial assets: evidence from Germany, Great Britain and the USA
AbstractWe explore the determinants of debt, financial assets and net worth at the household level by using survey data for Germany, Great Britain and the USA. To identify which households are potentially vulnerable to adverse changes in the economic environment, we also explore the determinants of a range of measures of financial pressure: the probability that a household has negative net worth; the debt-to-income ratio; mortgage income gearing; the saving-to-income ratio. Our empirical findings suggest that the poorest and the youngest households are the most vulnerable to adverse changes in their financial circumstances. Copyright (c) 2008 Royal Statistical Society.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Royal Statistical Society in its journal Journal of the Royal Statistical Society: Series A (Statistics in Society).
Volume (Year): 171 (2008)
Issue (Month): 3 ()
Contact details of provider:
Postal: 12 Errol Street, London EC1Y 8LX, United Kingdom
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0964-1998
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Brown, Sarah & Taylor, Karl, 2011.
"Household Finances and the 'Big Five' Personality Traits,"
IZA Discussion Papers
6191, Institute for the Study of Labor (IZA).
- Sarah Brown & Karl Taylor, 2011. "Household finances and the 'Big Five' personality traits," Working Papers 2011025, The University of Sheffield, Department of Economics.
- D'Antoni, Jeremy M. & Mishra, Ashok K. & Joo, Hyunjeong, 2012. "Welfare Implications of a Reduction in Government Payments: The Role of Fringe Benefits," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124766, Agricultural and Applied Economics Association.
- Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2012.
"Is Financial Fragility a Matter of Illiquidity? An Appraisal for Italian Households,"
CEIS Research Paper
242, Tor Vergata University, CEIS, revised 18 Jul 2012.
- Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2012. "Is financial fragility a matter of illiquidity? An appraisal for Italian households," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 12061, Universita di Modena e Reggio Emilia, Facoltà di Economia "Marco Biagi".
- Herrala, Risto & Kauko, Karlo, 2007. "Household loan loss risk in Finland – estimations and simulations with micro data," Research Discussion Papers 5/2007, Bank of Finland.
- González Mario Alejandro & John Jairo León, 2007.
"Análisis del endeudamiento de los hogares colombianos,"
REVISTA DESARROLLO Y SOCIEDAD,
UNIVERSIDAD DE LOS ANDES-CEDE.
- Mario Alejandro Gónzalez & John Jairo León, 2007. "Análisis del Endeudamiento de los Hogares Colombianos," BORRADORES DE ECONOMIA 004020, BANCO DE LA REPÚBLICA.
- Mario alejandro González & John Jairo León, . "Análisis del Endeudamiento de los Hogares Colombianos," Borradores de Economia 452, Banco de la Republica de Colombia.
- Matthias Keese, 2009. "Triggers and Determinants of Severe Household Indebtedness in Germany," SOEPpapers on Multidisciplinary Panel Data Research 239, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Paulina Anioła & Zbigniew Gołaś, 2012. "Differences in the Level and Structure of Household Indebtedness in the EU Countries," Contemporary Economics, University of Finance and Management in Warsaw, vol. 6(1), March.
- Sarah Brown & Gaia Garino & Karl Taylor, 2008. "Household Finances and Attitudes towards Risk," Working Papers 2008005, The University of Sheffield, Department of Economics, revised Dec 2009.
- Matthias Keese, 2009. "Triggers and Determinants of Severe Household Indebtedness in Germany," Ruhr Economic Papers 0150, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.